Rite zone chemcon company is a leader in the business of construction chemicals . The IPO of this company will open on 31 October and close on 2 November. This will be an SME IPO and will be listed on the NSE SME Exchange on 11 November. The IPO price will be ₹75 per share and the lot size will be 1600 shares .
Rite zone chemcon limited manufactures construction chemicals and concrete chemicals. The company has a wide range of construction chemicals, including waterproofing chemicals, concrete admixtures, industrial flooring, concrete repairs, and tile and block products.
Sulfonate Naphthalene Formaldehyde is a key raw material for this company's products. Rite Zone Chemcon has a large chemical manufacturing plant in Vapi, Gujarat. Whose manufacturing capacity is 20 tons of product in 2 hours.
Rite zone chemcon is working in Indian chemical industry since last seven years. Due to a long experience, it does the packaging of chemicals according to the prescribed standards. Non-standard packaging harms the quality and effectiveness of chemicals, so company products such as Rite Power CTE , Rite Bond Proof , Rite Pump Lube , Rite Cure CC , Rite Proof WHS and other chemicals are packaged in leak proof containers. Packed in, which do not affect the composition of the chemicals.
Rite zone chemcon ipo allotment status Skyline
Important information about Rite Zone Chemcon
| Rite zone chemcon IPO opening date | 31 October 2022 |
| Rite zone chemcon IPO closing date | 02 November 2022 |
| rite zone chemcon ipo share allotment date | 07 November 2022 |
| Rite zone chemcon IPO refund issue date | 09 November 2022 |
| Date of entry into share demat account | 10 November 2022 |
| ipo listing date | 11 November 2022 |
| IPO Listing Exchange | NSE SME |
| ipo price | ₹75 per share |
| ipo lot size | 1600 shares |
| ipo face value | ₹10 |
| NII (HNI) Reservation | 50% |
| RETAIL Reservation | 50% |
| DRP | reports |
Financial Information of Rite Zone Chemcon (Figures in Lakhs)
| FY 2020 | FY 2021 | FY 2022 | 30 September -2022 | |
| asset | 666.83 | 677.87 | 1039.27 | 1240.92 |
| revenue | 574.77 | 384.21 | 565.73 | 1036.34 |
| profit after tax | 15.89 | 0.69 | 26.21 | 17.48 |
| net worth | 62.53 | 63.26 | 502.36 | 519.85 |
| reserve and surplus | 61.53 | 62.26 | 198.86 | 216.34 |
| net lending | 258.12 | 329.3 | 106.24 | 97.36 |
IPO Subscription Status
| 31 October 2022 | 01 November 2022 | 02 November 2022 | |
| NII | 0.61 | 1.05 | 2.36 |
| RETAIL | 0.96 | 2.48 | 7.10 |
| TOTAL | 0.78 | 1.76 | 4.73 |